Ethereum broke its convergent canal roof upwards. The volume of trades recorded yesterday has almost reached the average of trades in the last 30 days. The highest price recorded for Ethereum yesterday was around $ 4150. The price is still within the weekly resistance. Ethereum has now overcome its monthly resistance with strength. And the $ 4,000 range seems to have turned into support.
The reverse head-shoulder pattern has now been confirmed by the break of the $ 4,000 resistance, so if the market is calm, Ethereum price growth could continue to the target of $ 4350 and then up to $ 4,500. Of course, the $ 4,150 resistance needs to be broken. The roof of the descending canal is also now broken.
zoomarz.com
The reverse head-shoulder pattern has now been confirmed by the break of the $ 4,000 resistance, so if the market is calm, Ethereum price growth could continue to the target of $ 4350 and then up to $ 4,500. Of course, the $ 4,150 resistance needs to be broken. The roof of the descending canal is also now broken.
zoomarz.com